Faults:

Electrical issues once in a while. Sometimes the power seat wouldn't work for a couple of minutes, or sometimes there would be no power to the stereo, but simply restarting the car would fix that.

Seats have worn moderately.

Needed a new alternator at a around 230,000 miles.

Oil leaked.

Some issues with power steering after sitting for half a year.

General Comments:

This car is fast! Especially for a 4 cyl. station wagon. Speedometer goes up to 120 mph, and so does the car.

Accelerates great too!

Exceptionally smooth ride for an older car.

Loved all the options! Power windows, power locks, power steering, power sunroof, power mirrors, heated seats, cruise control.

Loved the capacity. Fits seven people, or you could fold down all the back seats and have a large cargo area.

Seats had adjustable lumbar support.

Faults:

In my ownership: water-pump needed replacement, and the odd bulb or electrical switch.

General Comments:

Comfortable interior, luxurious feel, power everything, plenty of horsepower, and excellent handling aside; this car saved my life. I was in an accident last week, and would not be writing this if I were in any other car. Car went off the bank of a mountain road, fell off a 15m embankment and hit several huge trees before coming to a stop. Both my passenger and I walked away unharmed, closed the door behind us and plan on buying another Volvo. Volvo's superiour focus to safety engineering saved both of our lives, and I never feel as safe in any non Volvo car now.

Faults:

Interior worn.

Flange wore out at 150,000.

Minor seal leaks.

Seat motor blew at 160,000.

Driver side door lock broke 165,000.

E-brake rusted out 170,000.

General Comments:

Engine is perfect.

Cruises at 85 like most do at 55.

Extremely large trunk, and ample interior space.

Parts are a little more expensive than with domestic cars, and harder to find mechanics to work on it.

Faults:

Spark regulator failed at 160,000 miles.

Power driver seat motor at 160,000 miles.

Power sunroof motor failed at 155,000 miles.

A few minor seal leaks at 140,000 miles.

Leather seats cracked on front seats... the price you pay for those toasty heated front seats in winter.

General Comments:

Perform general maintenance and it runs and runs. Great car value for the $7,000 USD I paid in 1988.

I have put another $2,000 in repair and maintenance.

I am pleased with my total cost of ownership at $9,000 over six years!